RSSStrong 5.9% growth in Q4 likely to slow
From: The Washington Times | February 26, 2010
WASHINGTON (AP) -- The economy rocketed ahead at a 5.9 percent pace in the final quarter of 2009, stronger than initially estimated. But the growth spurt isn't expected to carry over into this year. The fresh reading on the nation's economic standing, released by the Commerce Department on Friday, was better than the government's initial estimate a month ago of 5.7 percent growth. It would mark the strongest showing in six years. Even so, it didn't change the expectation of much slower economic activity in the current January-to-March quarter. Roughly two-thirds of last quarter's growth came from a burst of ...
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